A loan of $3,650 helped a member capital for Business Operations.

16 De Julio Group's story

The communal bank "16 D. julio" is represented by Flora, and has 16 members. The group includes two sisters, Emilene and Karina Isabel, although they have completely independent sources of income and will not pose a risk to the group. In general, the members rely on income generated by the sale of products like clothing, food, home-maD. bread, groceries, electrical services, and public transport.

Competition in these areas is high, but the experience of the group members helps them succeed, since their families depend on them. The loan will be used to increase their merchandise, materials, supplies, and to acquire and repair tools for work.

The members have minimal experience in group loans, but they have the will to work and succeed, which is why the Fundación Agrocapital is extending them this loan so that they can give their families a better quality of life.

In this group: Flora, Emilene, Jovita, Victoria, Rosmery, Elizabeth, Osvaldo, Claudia*, Dionicio, Bebi Carla, Karina Ysabel, Marianela*, Yoselit, Maricela, Dolly, Maria Luisa
*not pictured

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Translated from Spanish by Kiva volunteer Rebecca Iverson

Loan details

Lenders and lending teams

Loan details